Sunday, June 1, 2025

Latest

Relay Medical Sees Joint Venture Awarded USAID Contract In Africa

Relay Medical Corp (CSE: RELA) continues to see success with its joint venture with that of Fio Corp. Referred to as the Fionet Rapid Response Group, the venture last night announced that it ahs entered into a sales agreement with that of the US Agency For International Development (USAID) to deploy their technology to over 100 community healthcare locations across Africa.

The arrangement will see the firms Fionet Pandemic Platform deployed at over 100 community healthcare sites across the continent. The deployment is anticipated to support widespread rapid testing, triage, and real time tracking of infectious disease. Fionet devices are to assist in automating frontline healthcare tasks, while capturing and transmitting data in real time.

The contract has a value of roughly C$330,000, with the contract being awarded following data that was presented to the American Society of Tropical Medicine just two weeks ago. The data revealed that Fionet devices detected malaria positive testing rates that “were substantially different from nearby clinics that didn’t use Fionet.” Once scientific analysis supported the Fionet results, the data was presented as a means of measuring the true levels of cases, incidence and treatments.

“This engagement supports the extensive available evidence that our platform provides accurate testing, triage, and tracking that can be deployed in the community, rather than being confined to the limitations of overburdened hospitals and centralized labs. This capability is indispensable to the effective management of infectious disease and COVID pandemic control.”

Dr Michael Greenberg, CEO of Relay’s joint venture

Relay Medical Corp last traded at $0.215 on the CSE.


FULL DISCLOSURE: Relay Medical Corp is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Relay Medical Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Relay Medical Sees Fionet Joint Venture Commence Operations

After the bell last night, Relay Medical (CSE: RELA) provided a market update on the...

Thursday, August 27, 2020, 07:45:00 AM

Relay Medical Sees First Deployment of Fionet Software To Track COVID-19

Relay Medical (CSE: RELA) last night identified a significant development for its joint venture with...

Friday, September 11, 2020, 08:42:30 AM

Relay Medical Enters Binding LOI For Global Rights To COVID-19 Tests

Relay Medical (CSE: RELA) has entered into an arrangement to exclusively sell and distribute two...

Tuesday, November 10, 2020, 07:12:32 AM

Relay Medical Forms Clinical, Strategic Advisory Boards

Relay Medical (CSE: RELA) early this morning announced that it has formed strategic boards to...

Tuesday, September 22, 2020, 08:41:45 AM

Relay Medical, Glow Lifetech Announce Successful Phase II COVID-19 Trials Based On Their Tech

Relay Medical (CSE: RELA) last night announced a positive development related to Glow LifeTech, a...

Friday, January 15, 2021, 07:07:22 AM